5 Steps to Start a Lending Company - #299
Private Lenders' Podcast
5 Steps to Start a Lending Company - #299 Thinking about starting your own private lending company in 2025? In this episode of the Private Lenders Podcast, youâll discover the five key steps every new lender should takeâplus a bonus tip to help you shortcut years of trial and error. Whether youâre brand new to private lending or looking to scale your hard money business, youâll learn how to: â Build your borrower and investor pipeline from day one â Create your âhit listâ of real estate professionals and capital sources â Set up your website, CRM, and social media for...
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6 Common Newbie Lender Mistakes - #298
Private Lenders' Podcast
6 Common Newbie Lender Mistakes - #298 In this episode of the Private Lenders Podcast, Jason and Chris break down 6 common mistakes new private lenders makeâand how to avoid them. Whether youâre just starting out in hard money lending or have years of experience under your belt, these lessons are crucial for protecting your capital and building a sustainable lending business. From trying to fund every deal that comes across your desk to lending in markets or property types you donât fully understand, these pitfalls can cost lenders serious money. We also discuss the dangers of...
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Win Win Exit on a Sideways Deal - #297
Private Lenders' Podcast
Win Win Exit on a Sideways Deal - #297 In this episode of the Private Lenders Podcast, Chris and Jason break down a real-world lending story that started as a solid deal, went sideways, and ultimately ended in a win-win exit for everyone involved. Youâll hear how they handled: A borrower relationship spanning multiple loans Permit and construction delays that dragged the project out for years Missed payments, rolling extensions, and a looming foreclosure Negotiations that led to a creative payoff solution benefiting both the lender and borrower This case study shows the importance...
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Subordination, Non-Disturbance & Attornment Agreement Explained- What Private Lenders Must Know - #296
Private Lenders' Podcast
Subordination, Non-Disturbance & Attornment Agreement Explained- What Private Lenders Must Know - #296 In this episode of the Private Lenders Podcast, Jason Balin sits down with guest Harris Dainoff of Murland Dainoff to break down the often-overlooked but critically important Subordination, Non-Disturbance, and Attornment Agreement (SNDA). Whether youâre lending on residential investment properties or venturing into commercial loans, understanding SNDAs is essential for protecting your investments and ensuring lease agreements donât create unexpected risks. Harris shares real-world...
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How Hard Money Lenders SHOULD Finance New Construction Deals - #295
Private Lenders' Podcast
How Hard Money Lenders SHOULD Finance New Construction Deals - #295 Ground-up construction loans can be some of the riskiestâand most misunderstoodâdeals in private lending. In this episode of the Private Lenders Podcast, Jason and Chris break down exactly how experienced hard money lenders approach financing new construction projects the right way. After nearly 18 years, thousands of loans, and managing hundreds of defaults, theyâve learned that the key to success is structuring deals conservatively to minimize risk while still giving borrowers the capital they need to get the job done....
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Our First Hard Money Conference - #294
Private Lenders' Podcast
Our First Hard Money Conference - #294 Join us on the Private Lenders Podcast as we share the story of our very first hard money conferenceâback in January 2008 in Las Vegas! After closing our first loan with HMB in December 2007, we jumped on a plane to attend the PITBAL Mortgage Conference, the only hard money-focused event at the time. In this episode, we dive into: How our early experiences shaped HMBâs business model Lessons learned from networking with other private lenders The evolution of the hard money lending industry since the financial crash The importance of live...
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How to convert leads to loans - #293
Private Lenders' Podcast
How to convert leads to loans - #293 In the hard money lending business, leads are everywhereâtexts, emails, web forms, phone calls, social media. But how do you turn those inquiries into actual closed loans? In this episode of the Private Lenders Podcast, Jason and Chris break down the exact process they use to respond, nurture, and follow up with leads so they donât slip through the cracks. From fast phone responses to automated texts, emails, and CRM follow-up, youâll learn how to stop wasting opportunities and start closing more deals. We cover: Why speed-to-lead is everything in...
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How to Truly Control Your Capital - #292
Private Lenders' Podcast
How to Truly Control Your Capital - #292 In this episode of the Private Lenders Podcast, hosts Jason Balin and Chris Haddon from Hard Money Bankers break down one of the most common challenges private lenders face â keeping control over their capital investors. Whether youâre lending through a fund or direct placement notes, having clear, consistent systems for rates of return, documentation, underwriting, and investor communications is essential. Jason and Chris share real-world examples of what happens when lenders give too much control to their capital base, and the simple steps you can...
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The Creative Deals We're Doing Now - #291
Private Lenders' Podcast
The Creative Deals We're Doing Now - #291 Hard money lending is changing â and savvy private lenders are pivoting. In this episode, Jason and Chris break down the creative real estate deals theyâre closing in todayâs market, from small-balance commercial loans to construction completion loans, bridge financing, and more. đ When traditional capital dries up or becomes harder to access, private lenders have the flexibility to structure unique loans with strong collateral, even for borrowers with lower credit scores â as long as the numbers make sense. đ Listen in as we discuss: ...
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How to Expand with a Sales Team - #290
Private Lenders' Podcast
How to Expand with a Sales Team - #290 How do you scale a private lending business the right way with a sales team? In this episode of the Private Lenders Podcast, Jason and Chris from Hard Money Bankers break down proven strategies for expanding your operation with salespeople, loan originators, partners, and private label setupsâwhile avoiding the common pitfalls that cause lenders to fail. Over the years, theyâve tested every structure imaginable: in-house loan officers, junior originators, lead intake reps, broker relationships, K1 partnerships, and private label deals. In this...
info_outlineA Foreclosure Exit + Crazy Financing - #286
đď¸ In this episode of the Private Lenders Podcast, Chris and Jason break down a rare foreclosure exit that turned into a successful (and slightly wild) deal.
They walk through:
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How another lender originally funded the property with an overvalued $1.2M construction loan
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Why and how the project went into default and foreclosure
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What it was like to actually take the property back at auction (a first in DC for them!)
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The resale strategy, pricing journey, and working with a wholesaler to close the deal
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And most shockingly⌠how the new buyer financed their purchase with over 100% leverage đł
This episode is packed with real-world lending lessonsâwhat went right, what went wrong, and what every private lender should consider before making high-leverage loans.
đĄ Key takeaway: A win on a foreclosure doesnât mean the next lenderâs doing a smart deal. High leverage might just be hurting everyone involved.
đ Stay tuned for the next episode, where we dive into DSCR rental loan shakeups and some eyebrow-raising fraud alerts in the non-QM lending space.
â Please like, subscribe, and share! â
Are you a new or experienced private lender or hard money lender? Join Jason Balin and Chris Haddon from Hard Money Bankers as they draw from their extensive experience running a successful hard money lending company since 2007. Tune in weekly with episodes related to all aspects of private lending. From discovering lucrative loan opportunities to securing private capital, effectively managing your loan portfolio, handling defaults, and much more, we've got you covered.
âď¸ Tune in now and watch the full video podcast at www.privatelenderspodcast.com
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